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Facebook’s $1 billion acquisition of Instagram is part of a land grab for mobile Internet users—and with the explosion of smart phones, that land grab is all about photo sharing.
Facebook's announcement on Monday that it plans to buy photo-sharing app Instagram rocked the web and ruffled feathers on Twitter. Instagram CEO Kevin Systrom posted on the company blog that he and his team are "psyched" about the deal.
Confirmed sources say Facebook will list on the Nasdaq. CNBC's Kayla Tausche reports.
This blogger is on a campaign to bring professional courtesy back into the workplace.
On the conference call one big topic was what will propel Facebook’s growth.
CNBC's Julia Boorstin just got off an investor call about Facebook's valuation, in which Arcstone Research's Bo Brustkern said its current $100 billion is low.
CNBC's Kayla Tausche has details on Yahoo board nominations and Facebook holding an April meeting with sell-side analysts to discuss the company's financials in more detail.
Always connected and always online: welcome to the social supercloud. The Facebook era of social networking is changing the notion of friendship and collaboration in several ways.
Facebook's anticipated IPO looms large for the nearly 200 startups and hundreds of venture capitalists. CNBC's Julia Boorstin has the story.
The founder of Ohio-based Leader Technology claims Zuckerberg stole ideas from the company to build Facebook.
Brands will be able to relaunch their brand story on Facebook starting from day one.
Representatives from all the major advertising agencies, plus the likes of Unilever and Nissan all turned out to hear about the new tools Facebook is launching for brands to better connect with consumers.
America's young people, tomorrow's economic engine, are deciding which icons of success to follow, and their gaze has shifted from east to west.
As a result of the financial crisis, Wall Street has taken a beating on reputation, on pay and on layoffs. At the same time, with a series of hot initial public offerings culminating in Facebook’s planned issue, Silicon Valley has developed a new allure.
Who are the one percent, and where are they from? According to Wealth-X, the United States is home to 57,860 such individuals. Find out which cities they call home.
After eight years, Mr.Zuckerberg, the co-founder and chief executive of Facebook, has an ironclad grip on the social networking giant. He owns 28.4 percent of all Class B shares, and through a chain of agreements with other shareholders, he has voting control over at least 57.1 percent of Class B shares. The N YT reports.
“Active users” add up in Facebook’s prospectus, but some of those clicks aren’t on the Web site. The New York Times reports.
A group of private exchanges has popped up in recent years to accommodate a fast-growing trading market in the private shares of the Internet companies like Twitter and LinkedIn. Facebook has driven much of this growth, emerging as the most actively traded private company by a wide margin, the New York Times reports.
Anyone buying public shares of Facebook will have to accept that the company is almost completely dominated by its founder, Mark Zuckerberg.
Facebook underwent two massive shifts in 2011, the details of which are hidden in the company's S-1 filing.